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Jan 14, 2013
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what we don't know is how the obama reforms on the cost side will bring costs down as more people come in to the system. there will be more unhealthy people in the system, a lot more healthy people in the system bringing more revenue for the insurance companies as well. we have to give reform time. this report was a little bit alarmist for the people in businesses right now. melissa: you are out in the field have in this exact experience. would you agree, cost going up between 65 to 100% over five years or even $3000 in the past four years, is that sort of what we can expect under any framework whatsoever, and we should be okay with that? >> the previous comments are completely false and we should stop convincing the american public about this charade that costs are going to go down. it really irks me that we continue to try to convince them otherwise. >> i didn't say they were going to go down. melissa: go ahead. >> health care costs right now, this idea they have remained relatively flat is a complete fallacy. let's have this conversation a year from now. people could not afford in h
what we don't know is how the obama reforms on the cost side will bring costs down as more people come in to the system. there will be more unhealthy people in the system, a lot more healthy people in the system bringing more revenue for the insurance companies as well. we have to give reform time. this report was a little bit alarmist for the people in businesses right now. melissa: you are out in the field have in this exact experience. would you agree, cost going up between 65 to 100% over...
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Apr 10, 2013
04/13
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battle lines forming over immigration reform and the president's long overdue budget as the president makes another attempt to get skeptical senate republicans. and henry has our report. >> one day before she reveals the new budget president obama faced more ink from his liberal allies. protest over the way inflation is counted with cuts in benefit sparked protest outside the white house. >> real democrats do not cut social security, medicare or medicaid. period. the president's aides said it will be a balanced approach with our tax hikes and some entitlement cuts to bring republicans in on the grand bargain. >> this that is but for tomorrow is not the ideal budget. >> wednesday night is part to of dining with the senate republicans at a pivotal time all of the second term legacy items are reaching a critical stage from immigration reform to the budget where the president has to decide how strongly he will fight. >> this is a step for the right direction if you don't embrace reform and social security and medicare they will voted down. >> also another key agenda item as harry reid has
battle lines forming over immigration reform and the president's long overdue budget as the president makes another attempt to get skeptical senate republicans. and henry has our report. >> one day before she reveals the new budget president obama faced more ink from his liberal allies. protest over the way inflation is counted with cuts in benefit sparked protest outside the white house. >> real democrats do not cut social security, medicare or medicaid. period. the president's...
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Jan 30, 2013
01/13
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barack obama unchanged. he flies out. he does not lay at the specifics and the president said, comprehensive immigration reform. i have no confidence. this president decided he one step enforce certain laws and ignore others. why should anyone have any faith? >> do you have faith that the gang and they will succeed in moving this bipartisan effort through the congress and the senate? do so honestly without gamesmanship, a political result. >> i do, but with that gamesmanship before politics. >> that question. >> this is not about policy in my view. >> nothing more, nothing less. >> that is the focal point verses we should be really talking about what will be in this legislation. >> i was just thinking, i'm actually shocked that the president did not ask because it's not that far from texas to las vegas. as george w. bush because he was the first president to start urging this amnesty, and this halfway -- pathway to citizenship. and so i am stunned personally about that. we will take that up when we continue as we try to s
barack obama unchanged. he flies out. he does not lay at the specifics and the president said, comprehensive immigration reform. i have no confidence. this president decided he one step enforce certain laws and ignore others. why should anyone have any faith? >> do you have faith that the gang and they will succeed in moving this bipartisan effort through the congress and the senate? do so honestly without gamesmanship, a political result. >> i do, but with that gamesmanship before...
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obamaments to cut -- obama wants to cut it with a meat cleaver a little. gerri: doug, it's not planned reform or sought out reform. it's a mistake, and we're all going to live with it, and it's going to be fine, but ated -- at the end of the day, it's not that much money.@ it's about 2%. what do you think of it? >> it's much to do about nothing. it's really 2%. you hear talks of a recession. i've done the math. if this causes a recession, the stimulus bill should have traded 6 trillion in wealth. we have not seen that. i'm pretty sure we're safe from recession, and the reality is, we can absorb these cuts from the federal government. they are going to be some rough edge, but by and large, we're still going to have more spending than we had last year, more money than the president, himself, budgeted. gerri:o that point, takea look another the chart, cbo numbersment the spending continues to rise with the cuts. keep in mind, this is not a cut in spending. when people talk about the sequester being spending cuts, it's not spending cuts, but reduction in the g
obamaments to cut -- obama wants to cut it with a meat cleaver a little. gerri: doug, it's not planned reform or sought out reform. it's a mistake, and we're all going to live with it, and it's going to be fine, but ated -- at the end of the day, it's not that much money.@ it's about 2%. what do you think of it? >> it's much to do about nothing. it's really 2%. you hear talks of a recession. i've done the math. if this causes a recession, the stimulus bill should have traded 6 trillion in...
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Jan 18, 2013
01/13
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with more on this, grover norquist, president for americans for tax reform. great to have you here. other republicans doing the right thing? >> i think so. there are three tools the republicans have to force obama to focus on spending, which she does not want to do it and will do unless forced. first is the sequester which starts march 1st or 2nd. that is a hundred billion dollars per year. that is the real cut in spending that will happen. the other one is the continuing resolution which starts march 4/7. we have a continuing resolution. they are the republicans that can put obama on a very short leash and only give him a continuing resolution for a week for two or three. cut the spending each time. those are two very powerful mechanisms. gerri: you don't in addition of the purse strings on the debt ceiling to use that at the a lever and give the president to stop spending? >> i didn't say that the man at the day. they just moved it back. gerri: what do you think? should they use the debt ceiling? >> ultimately, short. two tools that are very real and very powerful coming up. obama
with more on this, grover norquist, president for americans for tax reform. great to have you here. other republicans doing the right thing? >> i think so. there are three tools the republicans have to force obama to focus on spending, which she does not want to do it and will do unless forced. first is the sequester which starts march 1st or 2nd. that is a hundred billion dollars per year. that is the real cut in spending that will happen. the other one is the continuing resolution which...
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Feb 26, 2013
02/13
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governors association meeting. >> else and republicans to adopt the same approach to tax reform as speaker john boehner championed a few months ago. under our concept of tax reform, nobody's rates would go up, but we would be able to reduce the deficit by making tough, smart spending cuts and getting rid of wasteful tax loopholes that benefit the well off and the well-connected lori: but didn't our taxes already go off on all of us, not just higher income earners? two months ago the fiscal cliff resolution eliminated the payroll tax holiday. speaker john boehner today telling the president he already got his tax hike and telling senate democrats the house is not moving until the chamber passes some sort of a plan. >> the president proposed the sequester, yet he is far more interested in holding campaign rallies that he is merging the senate democrats passing a plan. the house has acted twice, we shouldn't have to ask a third time before the senate begins to do their work. lori: the president saying now is the time to lead even though lawmakers have had the opportunity to avoid the sequeste
governors association meeting. >> else and republicans to adopt the same approach to tax reform as speaker john boehner championed a few months ago. under our concept of tax reform, nobody's rates would go up, but we would be able to reduce the deficit by making tough, smart spending cuts and getting rid of wasteful tax loopholes that benefit the well off and the well-connected lori: but didn't our taxes already go off on all of us, not just higher income earners? two months ago the...
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Jan 29, 2013
01/13
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david: president obama unveiling his own proposal for immigration reform during today's visit to las vegas. liz: what could this mean for millions, some 11 million undocumented people? peter barnes arias from the white house with more details. >> reporter: well, like that a bipartisan centers to five senators who announced their planned, the president wants to create a path the citizenship of the 11 million accurate aliens currently living in the country, allowing him to stay here and work here illegally while they wait for green cards and eventual citizenship. similar to the bipartisan senate plan yesterday, the president require the ghosts of register for provisionally rose status. and it would get the back of the line for the citizenship process he also wants to beef up border security, improve the employee verification system with a five-year phase-in, and he wants to streamline the illegal immigration system which is got big backlogs. for example, warning green cars to foreign students to earn advanced degrees here in the united states and science, technology, engineering, and m
david: president obama unveiling his own proposal for immigration reform during today's visit to las vegas. liz: what could this mean for millions, some 11 million undocumented people? peter barnes arias from the white house with more details. >> reporter: well, like that a bipartisan centers to five senators who announced their planned, the president wants to create a path the citizenship of the 11 million accurate aliens currently living in the country, allowing him to stay here and...
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but right now, president obama is discussing immigration reform with ceos. one of them will join us later. also, founder and ceo zero came over from india started a successful business here, find out what he thinks thi is to bee to create more success stories like his. liz: chairman and ceo of the largest full-service dining company in the world. joining us exclusively. also in control of apple beats as well. and even give away free pancakes today. it is national pancake day. ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. all stations co
but right now, president obama is discussing immigration reform with ceos. one of them will join us later. also, founder and ceo zero came over from india started a successful business here, find out what he thinks thi is to bee to create more success stories like his. liz: chairman and ceo of the largest full-service dining company in the world. joining us exclusively. also in control of apple beats as well. and even give away free pancakes today. it is national pancake day. ♪ [ male...
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Dec 21, 2013
12/13
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potentially tougher reforms. in several key obama administration nominees confirmed by the senate early this morning in their final vote of the year. alan on my york is confirmed as the deputy secretary of the department of homeland security. and the commissioner of the internal revenue service. federal reserve chairman many janet yellen also cleared a procedural hurdle, but her final vote will be taken in january for confirmation. much more on all of the news from the nation's capital here tonight. we will have the "a-team" reacting to the presidents in the year news conference and psychologist robbie ludwig joins us to tell us what is going through this president's mind and to assess the degree to which our weary president does need a rest. also, new signs that the economy is improving and wall street loving it. david baylor, the global head of managed investments at city private bank joins us. world-renowned astrophysicist dr. charles lee joins us to discuss this weekend's dangerous space walk mission to fix t
potentially tougher reforms. in several key obama administration nominees confirmed by the senate early this morning in their final vote of the year. alan on my york is confirmed as the deputy secretary of the department of homeland security. and the commissioner of the internal revenue service. federal reserve chairman many janet yellen also cleared a procedural hurdle, but her final vote will be taken in january for confirmation. much more on all of the news from the nation's capital here...
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Jan 27, 2013
01/13
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remember, obama said the deficit kept his awake in the first term. through his actions, you know, he's not pursuing a lot of cuts and changes to entitlements. liz: what is feasible for the president to get through with a window of 16 months? gun control? what do you think he can push through successfully? >> well, i think he will try to push through gun control, and they are starting right away, and i know biden is in virginia trying to sell the plan, but i think that what's clear is that the president's agenda and the american people's agenda are different. it's expwressing to see that the president is tackling those issues that are at the very bottom of the public's priorities. climate change, gun control, and even infrastructure. these are not changes that the american public wants. they are asking for real economic growth, job creation, tackling the budget in a sensible way because they realize it's vital to the economic, national security. liz: bob, being over that at the hill, you saw the president, i'm sure, the inaugural address, you saw what
remember, obama said the deficit kept his awake in the first term. through his actions, you know, he's not pursuing a lot of cuts and changes to entitlements. liz: what is feasible for the president to get through with a window of 16 months? gun control? what do you think he can push through successfully? >> well, i think he will try to push through gun control, and they are starting right away, and i know biden is in virginia trying to sell the plan, but i think that what's clear is that...
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Jan 30, 2013
01/13
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melissa: coming up, president obama and congress charge ahead on immigration reform plans, but will the cost outweigh the benefits? we are crunching the numbers coming up. plus, violent protests intensify along egypt's suez canal. could it choke out the pressure point for energy supplies? stay tuned, more "money" straight ahead. ♪ ♪ melissa: so immigration reform is big news this week. democratic senator chuck schumer, republican senator, john mccain, teaming up to present their overhaul of the system, but what's the true cost, and what would it mean for the economy? here's to crunch the numbers is the center for immigration studies. steve, thank you for being on the show. >> thanks for having me. melissa: when we talk about the issue, i want to drill down on the numbers here and put emotion and politics to the side and what it means for the the economy. the biggest problem that we have right now is that we're having trouble growing gdp, and that's why we're not getting people become to work, one of the big reasons, and it strikes me from an economic perspective that the way you gro
melissa: coming up, president obama and congress charge ahead on immigration reform plans, but will the cost outweigh the benefits? we are crunching the numbers coming up. plus, violent protests intensify along egypt's suez canal. could it choke out the pressure point for energy supplies? stay tuned, more "money" straight ahead. ♪ ♪ melissa: so immigration reform is big news this week. democratic senator chuck schumer, republican senator, john mccain, teaming up to present their...
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Apr 11, 2013
04/13
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obama would not do any reform so the republicans just turned rationing down. the sequester, the budget caps, those are real reductions from obama's wishes on spending. unfortunately, we have a president who would rather raise taxes than reform government. the democrats run illinois, california, maryland. they raise the income tax and raised the sales tax rather than reform their pension problems. in other states, wisconsin, utah, louisiana, they are reforming their pension systems and not to raise taxes. connell: grover norquist, as always, thank you. >> good to be with you. connell: jackson hewitt chief tax officer will be on with cheryl and dennis and the next hour of markets now. for japanese automakers are recalling nearly 3.5 million vehicles. the airbags are at risk of catching fire. they were all manufactured in or after the year 2000. no injuries or deaths have been reported as a result of that. let's take a look at toyota motor shares. actually, along with stocks in general. let's talk a little bit about this bitcoin. look at this drop. the undergroun
obama would not do any reform so the republicans just turned rationing down. the sequester, the budget caps, those are real reductions from obama's wishes on spending. unfortunately, we have a president who would rather raise taxes than reform government. the democrats run illinois, california, maryland. they raise the income tax and raised the sales tax rather than reform their pension problems. in other states, wisconsin, utah, louisiana, they are reforming their pension systems and not to...
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Jan 16, 2013
01/13
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president obama and congressional democrats already want more. take a look at this. >> by closing additional loopholes through tax reform, which speaker boehner has acknowledged can raise money in a sensible way and by doing some additional cuts we can arrive at a package that gets this thing done. melissa: seriously? could we actually be looking at more? is anyone safe? with me, stephen hayes from the weekly standard, and fox news contributor. we have a susan hoff former treasury senior advisor. welcome to all of you. susan sounds like more taxes are on their way. >> president obama has been speaking the entire time about balanced packages. he talked about a $4 trillion target. we have 2 1/2 trillion in the bank right now. we're looking at another 1 1/2 trillion. not all will be in taxes of the part will be in cuts and part in taxes. we can't be in place t ignore investments we need to make in infrastructure. there is report out today we could lose $3 trillion over next eight years. melissa: stephen, i'm sure you're chomping at the bit to respon
president obama and congressional democrats already want more. take a look at this. >> by closing additional loopholes through tax reform, which speaker boehner has acknowledged can raise money in a sensible way and by doing some additional cuts we can arrive at a package that gets this thing done. melissa: seriously? could we actually be looking at more? is anyone safe? with me, stephen hayes from the weekly standard, and fox news contributor. we have a susan hoff former treasury senior...
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Jan 24, 2013
01/13
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liz: do you feel that president obama heading into the next four years has become more business-friendly, neutral, less? >> i would say i have, um, great hopes that the next four years are going to be better and good four years for the united states. liz: there has been a decline in consumptionover sugary sodas over the past decade, at least in the united states, and then you have certain riders, i mean -- certain leaders, i mean, president obama talked about it either instituting a federal tax on sodas or state governors who might be thinking let me just shake easy money from the beverage industry tree. by instituting some type of tax. what would you say to a governor who's thinking about doing something like that? >> i would say we cannot tax our way and solve this problem, any of these problems. we can't tax and provide solutions. it has never provided solutions. we can only grow our way out of the current situation, and growth means coming together as business, as government to try and create the necessary platform so that business can continue to invest. we are, we have invested $10
liz: do you feel that president obama heading into the next four years has become more business-friendly, neutral, less? >> i would say i have, um, great hopes that the next four years are going to be better and good four years for the united states. liz: there has been a decline in consumptionover sugary sodas over the past decade, at least in the united states, and then you have certain riders, i mean -- certain leaders, i mean, president obama talked about it either instituting a...
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a lot of welfare reform that was started by tommy thompson in wisconsin, that i borrowed and used in new york, then became part of federal law, a lot of them andercut by what obama is doing with the extensions of s benefits and more benefits, and extra benefits and they don't make benefits hard, they should be hard, a counter react happens, they look for other alternatives, you make it easy then you have everyone on welfare. neil: like a normal rockwell community. >> this south ragous. neil: mayor happy new year. >> good luck. neil: rudy giuliani, they just hit the limit on ways around the debt lit, one of the most powerful players in congress is powerful players in congress is [ roasting rewood ] ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know
a lot of welfare reform that was started by tommy thompson in wisconsin, that i borrowed and used in new york, then became part of federal law, a lot of them andercut by what obama is doing with the extensions of s benefits and more benefits, and extra benefits and they don't make benefits hard, they should be hard, a counter react happens, they look for other alternatives, you make it easy then you have everyone on welfare. neil: like a normal rockwell community. >> this south ragous....
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Jan 29, 2013
01/13
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arrive from texas, no more reform, no more income tax, flat, or otherwise. passed a fair tax, tax consumption, not income, taxing income is counterproductive. and it does thank you for your optimistic outlook for america. needed a lift. glass half full, my friend. finally, another example of waste, fraud, and abuse. this time from louisiana. a local newspaper in danvers talking about a little-known state law that will make residents pay more at the grocery store. alysian requires that grocers markup milk prices 6% above the invoice and shipping costs, 6%. a local store called fresh market has a weekly special, gallons of milk for $2.99 each and every tuesday. not anymore. the state is worried such deals to drive competitors out of business. isn't that what free-market are about? if they want to compete, lower prices. if not, what consumers walk up the door. that's my "2 cents more." it's obvious. coming in tomorrow, president obama's says deficit reduction is not a goal unto itself. shouldn't it be? of every action. that's it for tonight on "the willis repor
arrive from texas, no more reform, no more income tax, flat, or otherwise. passed a fair tax, tax consumption, not income, taxing income is counterproductive. and it does thank you for your optimistic outlook for america. needed a lift. glass half full, my friend. finally, another example of waste, fraud, and abuse. this time from louisiana. a local newspaper in danvers talking about a little-known state law that will make residents pay more at the grocery store. alysian requires that grocers...
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[laughter] >> what is more on the future of immigration reform. stay with us. >> the obama administration has a knack of another failed dream car company costing taxpayers millions of dollars more. how do they do it? tonight's choctaw. of a day rally our investment strategist tell us what lies ahead. with the spark cash card from capital one... boris earns unlimited rewards for his small business. can i get the smith contract, ease? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. [ garth ] boris' small business earns 2% cash back on every pchase every day. great businesses deserve unlimited rewards. read back the chicken's testimony, please. "buk, buk, bukka!" [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose 2% cash back or double miles on every purchase every day. told you i'd get half. what's in your walle given way to sleeping. tossing and turning have told you i'd get half. where sleepless nights yield to restful sleep, and lunesta eszopiclone can help you get t
[laughter] >> what is more on the future of immigration reform. stay with us. >> the obama administration has a knack of another failed dream car company costing taxpayers millions of dollars more. how do they do it? tonight's choctaw. of a day rally our investment strategist tell us what lies ahead. with the spark cash card from capital one... boris earns unlimited rewards for his small business. can i get the smith contract, ease? thank you. that's three new paper shredders. [...
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Jan 27, 2013
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next week he launches his campaign for comprehensive immigration reform. next week senator kerry to be confirmed as the next secretary of state as early as tuesday. the president's nominee to replace the outgoing defense secretary, leon panetta, this week maintaining a low profile. secretary panetta competing for media and public attention when he made a surprise announcement as he lifted the ban on female troops in combat. retired army general and done what the, the first female four-star general and the army joins us your life. we begin tonight with a unanimous court ruling seen as a major setback for the president and his agenda and his efforts to stack the national labor relations board with union-friendly officials. fox news chief white house correspondent ed henry with our report. >> as he wrote that the white house chief of staff dennis mcdonald, president obama was hoping for a smooth start his second term. instead he was brushed back by a federal appeals court ruling unanimously violating the constitution last year. >> it was just ice huge, massiv
next week he launches his campaign for comprehensive immigration reform. next week senator kerry to be confirmed as the next secretary of state as early as tuesday. the president's nominee to replace the outgoing defense secretary, leon panetta, this week maintaining a low profile. secretary panetta competing for media and public attention when he made a surprise announcement as he lifted the ban on female troops in combat. retired army general and done what the, the first female four-star...
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Apr 13, 2013
04/13
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immigration reform, gun control, and the president's budget. president obama delivering his budget proposal two months late. and neither democrats nor republicans seem to like it. republicans won't be having any of mr. obama's tax hikes and higher spending and democratsup set the president wants smaller increases in payments to retireees. his $3.7 trillion proposal amounts to the largest budget in miles per hour history. it doesn't come close to balancing. deficits in perpetuity. the president looking for easy within on gun control and has be pushing hard for krong to produce. the first major gun control legislation in two decades. but it's up clear what they can get through congress. they have a limit on magazine capacity have no chance of passage. the rest is purely window dressing on an issue that the country takes far more seriously than the president originally estimated. we will take it up tonight with senator ted cruz who emerged on the first year in washington as up with of his party's national leaders. the head of the national rifle as
immigration reform, gun control, and the president's budget. president obama delivering his budget proposal two months late. and neither democrats nor republicans seem to like it. republicans won't be having any of mr. obama's tax hikes and higher spending and democratsup set the president wants smaller increases in payments to retireees. his $3.7 trillion proposal amounts to the largest budget in miles per hour history. it doesn't come close to balancing. deficits in perpetuity. the president...
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Mar 20, 2013
03/13
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, parts of it may affect the unions, but he is focused on gun control, and immigration reform. in part affects the unions, but the unions are really trying to focus on the state level. fighting the battles at the state level, and having a difficult time. you can have the big guy in the corner but that does not necessarily mean he will be able to solve your problems. neil: that is assuming they will have him in their corner. he might go the other way on the keystone pipeline. >> when did he put on his comfortable walking shows, join them on the picket line? he did not, he flew over one of the union battles in wisconsin. it is a complacent relationship, the problem is look at detroit. what happens when you can't bear costs of liberal policies and union labor costs and we have a town that 1 from 1 put 8 -- went from 1 put a million people. local your long-term goal and business model, unions will lose on this one. neil: we'll see, we'll have you back later in the show, remember what former aig boss hank greenberg of on show explaining why he wanted to sue the government that rescu
, parts of it may affect the unions, but he is focused on gun control, and immigration reform. in part affects the unions, but the unions are really trying to focus on the state level. fighting the battles at the state level, and having a difficult time. you can have the big guy in the corner but that does not necessarily mean he will be able to solve your problems. neil: that is assuming they will have him in their corner. he might go the other way on the keystone pipeline. >> when did...
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Mar 26, 2013
03/13
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, those people would not be eligible for medicaid or obama care benefits, at least until they became citizens. and it completely split the senate. it failed 56-43. all democrats voted against it. republicans voted for it. maybe more importantly, it split the gang of eight. you know, there's four republicans, four democrats and all four democrats voted against that amendment and all four republicans voted for it so it could, i think, foreshadow a division in that group over the benefits for immigrants issue. connell: it comes at an interesting time as you look at the gang of eight because we're having this big debate and the republican party, i think, is having an internal debate to some degree about how it's going to tackle the immigration issue. is this a successful political stance for the republicans to stand up for something like this that says we shouldn't be giving benefits to the immigrants that come into the country who need federal assistance? will it be something that backfires on them politically? what's your analysis of that part of it given the timing of it? >> probably
, those people would not be eligible for medicaid or obama care benefits, at least until they became citizens. and it completely split the senate. it failed 56-43. all democrats voted against it. republicans voted for it. maybe more importantly, it split the gang of eight. you know, there's four republicans, four democrats and all four democrats voted against that amendment and all four republicans voted for it so it could, i think, foreshadow a division in that group over the benefits for...
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[laughter] >> what is more on the future of immigration reform. stay with us. >> the obama administration s a knack of another failed dream car company costing taxpayers millions of dollars more. how do they do it? tonight's choctaw. of a day rally our investment strategist tell us what lies this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who ge heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur lou: them in an alcoa beat on earnings and missed on revenue and are chief investment strategist is here to tell us what is ahead but first what happened on wall street today after the opening the stock prices moved higher at the finish the s&p up 10 and the nasdaq up 18 the volume 2.8 billion which is typical these days and after the closing bell of:kicks off the earnings season with of beets and disappointed on revenue it rallied in to the news and is down afte
[laughter] >> what is more on the future of immigration reform. stay with us. >> the obama administration s a knack of another failed dream car company costing taxpayers millions of dollars more. how do they do it? tonight's choctaw. of a day rally our investment strategist tell us what lies this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who ge heartburn and then treats day afr day... block the acid with prilosec...
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it also around entitlement reform. he has to reform government and we need to reform our tax code. i think reforming government is even more important than reforming our tax code right now. we have to get entitlement growth under control and we have to relax regulations rather than impose new ones. right now we have the overhang of the regulatory burden stifling creativity and our economy. so we have an overregulated the economy that is suffering through a likelihood that tax rates will go up even more. all of that is a bad formula for growth when it comes to what should be happening in our entrepreneurial grounded capital system that should be there creating jobs. liz: you make a good point. americans know that if we want to make entitlement state, if we want the entitlement machine running full bore in washington dc, you either cut entitlements or you raise middle-class taxes. so here's the question. another use of the president has been leading from behind on virtually everything except raising tax rates. but my question is i don't understand the consousness of the american vote
it also around entitlement reform. he has to reform government and we need to reform our tax code. i think reforming government is even more important than reforming our tax code right now. we have to get entitlement growth under control and we have to relax regulations rather than impose new ones. right now we have the overhang of the regulatory burden stifling creativity and our economy. so we have an overregulated the economy that is suffering through a likelihood that tax rates will go up...
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president abou obama hoping for. that is what they're doing. >> i think before they were thinking of tax reform as a guise for raising a big chunk of revenues. let's kill the mortgage deduction, state and local taxes, muni bond exceptions, that is all off the table now. dennis: i could swear i heard the president himself said during the debate we have to cut the corporate tax rate. where is that discussion gone? >> not very far lately. both are scaling back. they realize the tax reform is very unlikely. again, we will get cats and dogs. it has taken long enough. but the really big stuff now is off the table. dennis: what about the idea of slashing corporate tax rates on our companies keeping tax overseas. they insist on taxing it a second time when it comes over here. i have seen some rumblings that maybe president obama will soften his stance against that. >> he might in the context of general corporate tax reform. this is with gun control, sounds great, but we all like it. then you come up with the details and they
president abou obama hoping for. that is what they're doing. >> i think before they were thinking of tax reform as a guise for raising a big chunk of revenues. let's kill the mortgage deduction, state and local taxes, muni bond exceptions, that is all off the table now. dennis: i could swear i heard the president himself said during the debate we have to cut the corporate tax rate. where is that discussion gone? >> not very far lately. both are scaling back. they realize the tax...
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. >> reporter: president obama usually trying to pivot to jobs this time immigration reform. >> we're looking for a substantive win. >> reporter: when it comes to health care, president does not seem to be winning on either front. >> what we said was, you could keep it, if it has not changed since the laws past. we wrote into the affordable care act, you are grandfathered in. but if the insurance company changes it, then we're saying they have to change it to a higher standard. >> reporter: except that is not what he said before, white house officials took another stab at it. >> the president of the speaking specifically about the broader promise of the affordable care act. >> reporter: republicans are not buying that. >> the administration needs to come forward with honest answers not dancing around it. >> reporter: and democrats up for reelect in 2014 are skeptical too, reading from a cancellation letter as she introduced legislation to grandfather more people into their old plans. >> we just said, and president said, over and over, if you have insurance, and you like the insurance
. >> reporter: president obama usually trying to pivot to jobs this time immigration reform. >> we're looking for a substantive win. >> reporter: when it comes to health care, president does not seem to be winning on either front. >> what we said was, you could keep it, if it has not changed since the laws past. we wrote into the affordable care act, you are grandfathered in. but if the insurance company changes it, then we're saying they have to change it to a higher...
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how is the obama foreign policy working? ambassador john bolton tells us. overmany discounts to thine customs! [old english accent] safe driver, multi-car, paid in full -- a most fulsome bounty indeed, lordamie. thou cometh and we thy saveth! what are you doing? we doth offer so many discounts, we have some to spare. oh, you have any of those homeowners discounts? here we go. thank you. he took my shield, my lady. these are troubling times in the kingdom. moreiscounts than we knoweth what to do with. now that's progreive. lou: sources tell fox news obama administration has agreed to provide benghazi talking point e-mails to senate intelligence committee as early as next week, source would not make clear whether members of the committee would go into a room and read the e-mails whether they were hard copies supplied. it appears an effort by obama administration to appease republicans and ease pressure on john brennan's nomination to be cia director, three senators have threatened to hold that nomination unless those e-mails were delivered, sip to iran movo s
how is the obama foreign policy working? ambassador john bolton tells us. overmany discounts to thine customs! [old english accent] safe driver, multi-car, paid in full -- a most fulsome bounty indeed, lordamie. thou cometh and we thy saveth! what are you doing? we doth offer so many discounts, we have some to spare. oh, you have any of those homeowners discounts? here we go. thank you. he took my shield, my lady. these are troubling times in the kingdom. moreiscounts than we knoweth what to do...
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plays out, but looks if you watch what happened over the weekend, the liberals, people in president obama's camp are getting nervous about the budget proposal wanting no cuts. what do you think of all of this? >> well, the thinking is that the president's budget is an olive branch on entitlement reform to republicans, adjustment in the cost of living adjustments of social security, maybe save some money over time, the ten-year out budget productions. connell: when you say, "the thinking is," i'm betting you don't buy into it. >> that's right. bernie sanders, the vermont liberal slammed the proposal over the weekend, aarp doesn't like it, big labor doesn't like it. he has to get over that hump. the leadership, however, in congress will be with the president on this. connell: politically, bernie, literally a socialist, sanders is, without joking around. >> self-identified. >> if you're going to the center if that's the political goal, i don't know if it is for the president, maybe it is. that's who you want to be against you, don't you? >> i guess so. i'm sure senator sanders doesn't mind may
plays out, but looks if you watch what happened over the weekend, the liberals, people in president obama's camp are getting nervous about the budget proposal wanting no cuts. what do you think of all of this? >> well, the thinking is that the president's budget is an olive branch on entitlement reform to republicans, adjustment in the cost of living adjustments of social security, maybe save some money over time, the ten-year out budget productions. connell: when you say, "the...
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there's a number of things we can do, entitlement reforms. this is one of them and the president is headed in the right direction on this one. dennis: praising president obama a little bit there and we'll end it on that up note. thank you very much. cheryl: we are getting breaking news out of chicago. the monthly crop report just out. sandra smith is sanding by in the pit. she's looking through the numbers and watching them n particular, let's start with wheat. i know you have your eye on that contract right now. >> yeah, because that's the biggest mover at this hour. wheat prices down about 10 cents. we're in the green trading room at the chicago board of trade in chicago. we're seeing a big drop and we would at first looked at a report looking neutral for wheat but we're seeing a big selloff on this report. bottom line, we're seeing less -- as far as forecasts are concerned, less global demand. corn and soybeans both were bid after this report. still getting sort of a bounce in today's session. we saw lower than expected carryover for corn.
there's a number of things we can do, entitlement reforms. this is one of them and the president is headed in the right direction on this one. dennis: praising president obama a little bit there and we'll end it on that up note. thank you very much. cheryl: we are getting breaking news out of chicago. the monthly crop report just out. sandra smith is sanding by in the pit. she's looking through the numbers and watching them n particular, let's start with wheat. i know you have your eye on that...
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one of the first challenge president obama's affordable care act. is argument, the constitutionality of dodd-frank reform and why he thinks the regulation on fairly attacks the bank. he will be joining us today. 1:00 p.m. eastern time right here on fox business. the man, the myth. his next projects. going to surprise to. cheryl: the grand finale. an extra round table on the threat of investing. it will find only on fox business. we will be answering your questions. ♪ [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ cheryl: 30 minutes post the albert. stocks every 15 minutes. nicole: we are taking you over to pandora. let's take a look at how the stock is faring right now. up 17%. yesterday, after the bell, in addition to the fact that they beat the street on both the top and bottom line and they gave a better
one of the first challenge president obama's affordable care act. is argument, the constitutionality of dodd-frank reform and why he thinks the regulation on fairly attacks the bank. he will be joining us today. 1:00 p.m. eastern time right here on fox business. the man, the myth. his next projects. going to surprise to. cheryl: the grand finale. an extra round table on the threat of investing. it will find only on fox business. we will be answering your questions. ♪ [ indistinct shouting ]...
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now the obama administration is come along, with a really bright idea. just when you think this outfit can't surprise you, here they come. to bring back the same policies that led to subprime mortgage crisis, the washington post reports that obama administration pushing banks to give out more home loans to people with weaker credit. did not one of them pay attention to what happened? do they not study history? doe they not understand anything? the reasoning? the housing rebound has left too many people behind. this sounds a little bit, just a little bit like well president clinton. like president bush. gosh, i want inch to have money to buy a house, but they don't. it's hard to disagree with the sentiment. but we've seen what happens when people think in terms of sentiment rather than solution. the market is improves. but here is another view on houses right now. 28% of all homeowners, in this country are still owing more than their homes are worth. the mortgage delinquency rate, on all loans is 7.4%. that is better than what it had been over 10%. just t
now the obama administration is come along, with a really bright idea. just when you think this outfit can't surprise you, here they come. to bring back the same policies that led to subprime mortgage crisis, the washington post reports that obama administration pushing banks to give out more home loans to people with weaker credit. did not one of them pay attention to what happened? do they not study history? doe they not understand anything? the reasoning? the housing rebound has left too...
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the mortgage bankers association, most of the financial community, even the obama white house, has come out in favor of a plan for replacing them, they're very strong on that. while there's been discussion in congress about wanting to do it, the problem has been coming up with a real plan, a real transition. a number of us here in town have been working on that for some time. the problem with this particular approach putting this new company under fannie and freddie it is working in isolation. it is not looking at a total picture of what this transition could look like and what we're afraid of, if it doesn't take that into account we're looking at lot of lost money here that will come back to hurt the taxpayers. there are alternatives. there are alternatives. melissa: taxpayer ends up picking up tab in the long run if it doesn't work out. what would happen if you turn this business over to the private markets, rather than the being public business? >> it has been done. i'm sorry, ginnie mae, a government agency, actually relies on private companies to perform this exact function. to pro
the mortgage bankers association, most of the financial community, even the obama white house, has come out in favor of a plan for replacing them, they're very strong on that. while there's been discussion in congress about wanting to do it, the problem has been coming up with a real plan, a real transition. a number of us here in town have been working on that for some time. the problem with this particular approach putting this new company under fannie and freddie it is working in isolation....
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the popular mortgage interest deduction is in the cross hairs as washington wrestles with tax reform and the budget. right now homeowners deduct $100 billion in interest payments each year on their mortgages. proposals from the obama administration and some in congress would reduce that by capping itemized deductions, particularly for wealthier families by reducing the size of a mortgage eligible for the deduction like congressman ellison's legislation would do or eliminating the deduction for mortgages on second homes as the housing market continues a fragile recovery, trade groups are fighting back. >> the mortgage interest deduction is the biggest incentive for americans' largest wealth generator and that's their home. we don't think it should be touched. however, everything is on the table when it comes to tax reform. >> home builders, realtors and mortgage lenders are expected to ramp up their lobbying efforts even mores on this debate continues in washington but some officials are bracing for some limits on the mortgage interest deduction. dagen: thank you, peter. connell: you'
the popular mortgage interest deduction is in the cross hairs as washington wrestles with tax reform and the budget. right now homeowners deduct $100 billion in interest payments each year on their mortgages. proposals from the obama administration and some in congress would reduce that by capping itemized deductions, particularly for wealthier families by reducing the size of a mortgage eligible for the deduction like congressman ellison's legislation would do or eliminating the deduction for...
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president obama: i will not sign health insurance reform as much as i think it is necessary, i will not sign it if that reform ads even one dime to oor deficit over the next decade and i mean what i say. stuart: okay, not one dime. this may be another broken promise. a fix for broken promise number one would cost you big time and would lead to broken promise number two. here are the other stories. terrible tragedy in the typhoon that slammed the philippines, nearly 200 miles per hour wind, strongest ever to hit that island. vietnam now bearing the brunt of that storm. senator john kerry says our middle eastern allies agree to terms to oversee iran's tickler program but it was the iranians who later box. and it is veterans day, 750,000 of those veterans are unemployed. the troops who served after september 11, 2001, the unemployment rate is 10%. to honor our veterans were going out the new york stock exchange, which will have a two-minute moment of silence. [moment of silence]xd ♪ stuart: the new york stock exchange observing two minutes of silence. it is veterans day 2013. liz macdona
president obama: i will not sign health insurance reform as much as i think it is necessary, i will not sign it if that reform ads even one dime to oor deficit over the next decade and i mean what i say. stuart: okay, not one dime. this may be another broken promise. a fix for broken promise number one would cost you big time and would lead to broken promise number two. here are the other stories. terrible tragedy in the typhoon that slammed the philippines, nearly 200 miles per hour wind,...
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stuart: president obama will meet with union leaders and big ceos on immigration, that happens today. peter barnes is at the white house. peter, it sounds to me that immigration reform is going to be very popular with the high-tech companies, because it will expand the number of visas available to high-tech workers coming in. got that right? peter: that's right. the h-1-b program for high-tech, highly skilled workers, the president wanted to expand that, so do republicans, and the other piece of this, stuart, is the president's proposal to staple green cards to any of these really start kids who come to our colleges and universities, to get a phd or masters degree in science, technology, energy and math. the high-tech companies support that as well. stuart: got it, peter. we will get that checked out later. thank you very much. the department of justice suing standard and poors, is this payback for the debt downgrade? the judge has a theory on that. that's next. stuart: it's a done deal, dell entered into an agreement to be a -- acquired by its founder michael dell and silver lake. sh
stuart: president obama will meet with union leaders and big ceos on immigration, that happens today. peter barnes is at the white house. peter, it sounds to me that immigration reform is going to be very popular with the high-tech companies, because it will expand the number of visas available to high-tech workers coming in. got that right? peter: that's right. the h-1-b program for high-tech, highly skilled workers, the president wanted to expand that, so do republicans, and the other piece...
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and medical workers for doing less care, decreases access to care, totally opposite of what president obama wants which was increased access to care in health reform and here's the math, the less patients admitted the less exams tests, the more government money there is for the hospital and the doctors. the hospital is responding to fox business, essentials lease saying this is the fun spoof, about preventing readmission as you saw in the video, not meant as a mockery but it is about partnership, taking better care of patients. to update the story just got off the phone a few minutes ago with dr. david schultz who runs the hospital, saying the media taking out a contest, the laptops being given now to the staffers were for health information exchanges, all getting laptops for that. the money is changing shares of this, look at this detail that the a ceo gets half of the cost savings and guess who gets the other half? the federal government. this is the face of the future of health care, about managing your ellis at home, physicians' assistants and nurses and baby boomers in bed at home, tha
and medical workers for doing less care, decreases access to care, totally opposite of what president obama wants which was increased access to care in health reform and here's the math, the less patients admitted the less exams tests, the more government money there is for the hospital and the doctors. the hospital is responding to fox business, essentials lease saying this is the fun spoof, about preventing readmission as you saw in the video, not meant as a mockery but it is about...
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one of the first to challenge president obama's affordable care act. now he is arguing the constitutionality of dodd-frank reform. he is joining us now. thank you so much for joining us. why do you say that dodd-frank is unconstitutional? >> well, actually, there are multiple parts. there is a challenge to title i, title ii and title x. the states are only focused on title ii. title ii is that liquidation authority that is granted to the secretary. if they select a surgeon institution to liquidate, there is only a 24 hours notice for a federal judge to intervene and stop that. what is even more egregious is the states that have invested in some of those institutions do not ever received notice. it is a fundamental question about due process. it is a fundamental question about checks and balances. there are other parts of the litigation. there are a lot of issues that we are dealing with. it is a very important case. ashley: would frank prevent another financial crisis? >> it is a very good question. when you look at who is bearing the brunt, with respe
one of the first to challenge president obama's affordable care act. now he is arguing the constitutionality of dodd-frank reform. he is joining us now. thank you so much for joining us. why do you say that dodd-frank is unconstitutional? >> well, actually, there are multiple parts. there is a challenge to title i, title ii and title x. the states are only focused on title ii. title ii is that liquidation authority that is granted to the secretary. if they select a surgeon institution to...
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. >> washington is lining of the debt ceiling, two senior republican and cable ask for budget reform in exchange for debt limit increase, budget committee chairman paul ryan says republicans will need to figure out their opening offer, mitch mcconnell doubts he will give president obama and increase with no other policies attached. that is what the white house demanded during the last debt limit fight and is demanding next on the government approaches its borrowing limit which is expected this spring but one hill watchers suspect demand will recede and congress will raise the debt limit with little difficulty. >> the sense of crisis permeated the last few generations of this debate won't be as high this time around. >> the senate is trying to finish the two year budget agreement. that vote is expected this evening and is expected to pass. the senate is moving to confirm janet yellen to share the federal reserve as part of that. sources tell fox business republican leaders are pushing for the senate to vote on rand paul's built to expand audits of the federal reserve. spokesman for se
. >> washington is lining of the debt ceiling, two senior republican and cable ask for budget reform in exchange for debt limit increase, budget committee chairman paul ryan says republicans will need to figure out their opening offer, mitch mcconnell doubts he will give president obama and increase with no other policies attached. that is what the white house demanded during the last debt limit fight and is demanding next on the government approaches its borrowing limit which is expected...
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he wants to do that with immigration reform. people should by now be getting wise to and sick of obama your againsy, which really means procrastinate to the last moment, set it up so that somethings had to be done before you think, before you read, know, understand, contemplate or a have a vision of the future trying to construct at a legislature. no one has the guts in that town, republican or democrat to tell the president to go to hell. melissa: it is really painful job. talk about service to your country originally what a politician was about going to in to help serve your community. >> which one much these men or women, put this in context right now, which one of these men or women serving in the senates senate or the house of representatives has sacrificed much after a distinguished career and set aside family and fortune for the benefit of the national interest? versus how many of them are fulfilling ambition, the goals of ambition and their own ego? melissa: go there poor and come back rich. how does that work out, what
he wants to do that with immigration reform. people should by now be getting wise to and sick of obama your againsy, which really means procrastinate to the last moment, set it up so that somethings had to be done before you think, before you read, know, understand, contemplate or a have a vision of the future trying to construct at a legislature. no one has the guts in that town, republican or democrat to tell the president to go to hell. melissa: it is really painful job. talk about service...
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companies publicly agree that spying hurts their industries and they banded together to push president obama and members of congress to action saying they quote, strongly believe current laws an practices about surveillance need to be changed. aol, apple, facebook, google, linkedin, microsoft, twitter and yahoo! created reform government surveillance coalition and said in open joint letter we understand that governments have the duty to protect our citizens but this summer's revelations highlight urgent need to reform government surveillance practices worldwide. the letter says the balance in many countries tipped too far in favor of the state and away from the rights of the individual, rights enshrined in our constitution. this undermines the freedoms we all cherish. ceos including twitter's, marisa mayer off yahoo!, facebook mark zuckerberg and ceo of google larry page put forth five goals. they're calling on government to limit surveillance to specific users, not to collect data in bulk. they say the company has the right to publish what the government is demanding from them, how much is
companies publicly agree that spying hurts their industries and they banded together to push president obama and members of congress to action saying they quote, strongly believe current laws an practices about surveillance need to be changed. aol, apple, facebook, google, linkedin, microsoft, twitter and yahoo! created reform government surveillance coalition and said in open joint letter we understand that governments have the duty to protect our citizens but this summer's revelations...
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Feb 11, 2013
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the prompted the republican national committee to say obama is pivoting back to the economy for the past five years as the white house has announced that as a focus repeatedly. >> right now our number one focus has to job jobs, jobs, jobs. and encouraging business investment. i think we are past the crisis point in the economy but we now have to pivot and focus on jobs and growth. my principled focus, my number one focus is going to be making sure that we are competitive, that we are growing and we are creating jobs, not just now but well into future. you know at a time when our economy is still recovering from the great recession, our top priority has to jobs and growth. >> now the white house disputes the pivot and says the president's focus on the economy has been a constant. >> there is no pivot here. the president's principled preoccupation since he ran for this office, beginning in 2007 has been you know, what we need to do to make our economy work for the middle class. >> much like the answer robert gibbs gave when he was press secretary all the way back in 2010 when he was asked
the prompted the republican national committee to say obama is pivoting back to the economy for the past five years as the white house has announced that as a focus repeatedly. >> right now our number one focus has to job jobs, jobs, jobs. and encouraging business investment. i think we are past the crisis point in the economy but we now have to pivot and focus on jobs and growth. my principled focus, my number one focus is going to be making sure that we are competitive, that we are...
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and rummy saying president obama's lack of honesty has put his second term in peril. edward snowden has this new manifesto that is out from russia, calls for reform in surveillance justify his leaks of classified information. we will see if he agrees with him on that. and the changing landscape of designer fashion. the top names in the country, here with us this hour to talk about that. all that and dagen mcdowell this hour on "markets now." all right. dagen: we're giving you a makeover. connell: that would be great. get him to work on that. dagen: we put you in like a camo jacket. the market slight losses here, we are also getting news on that settlement with the justice department, nicole petallides has you covered at the new york stock exchange. lauren: the dow down to the downside. the nasdaq and the s&p squeezing out some gains although very minimal. talking fractional news for the nasdaq and the s&p with the up arrow's up nearly two points as the s&p is up .34. a third of a point. very small moves despite the fact everybody still continues to believe you will no
and rummy saying president obama's lack of honesty has put his second term in peril. edward snowden has this new manifesto that is out from russia, calls for reform in surveillance justify his leaks of classified information. we will see if he agrees with him on that. and the changing landscape of designer fashion. the top names in the country, here with us this hour to talk about that. all that and dagen mcdowell this hour on "markets now." all right. dagen: we're giving you a...
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and rummy saying president obama's lack of honesty has put his second term in peril. edward snowden has this new manifesto that is out from russia, calls for reform in surveillance justify his leaks of classified information. we will see if he agrees with him on that. and the changing landscape of designer fashion. the top names in the country, here with us this hour to talk about that. all that and dagen mcdowell this hour on "markets now." all right. dagen: we're giving you a makeover. connell: that would be great. get him to work on that.
and rummy saying president obama's lack of honesty has put his second term in peril. edward snowden has this new manifesto that is out from russia, calls for reform in surveillance justify his leaks of classified information. we will see if he agrees with him on that. and the changing landscape of designer fashion. the top names in the country, here with us this hour to talk about that. all that and dagen mcdowell this hour on "markets now." all right. dagen: we're giving you a...
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figure about two years, for the last two years, you know, barack obama, president obama has been relentlessly beatings up on wall street. lori: maybe right all the way back in 2009 came out with pay package reform. >> i think he was easy on them. i think when republicans won congress, when scott brown won in massachusetts, that was -- lori: it intensified. >> it intensified. he ramped up the class warfare rhetoric and it worked. think that hurt wall street. lori: it is generational because wall street jobs were so prominent. >> remember 19 '90s, it was great being on wall street. a big thing. like, it was like a positive. lori: yeah. >> you talk to wall street guys single trying to meet young lady, it's a negative. lori: take more advice from you. >> yes of course. of course. adam: you think the midterm elections everyone is talking about that, we'll see this rhetoric get ramped up even worse? >> good question. the president has other big fish on his -- one of the, politicians love diversions. we have obamacare which is obviously blowing up, right? adam: he needs a diversion. what better than
figure about two years, for the last two years, you know, barack obama, president obama has been relentlessly beatings up on wall street. lori: maybe right all the way back in 2009 came out with pay package reform. >> i think he was easy on them. i think when republicans won congress, when scott brown won in massachusetts, that was -- lori: it intensified. >> it intensified. he ramped up the class warfare rhetoric and it worked. think that hurt wall street. lori: it is generational...
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. >> one thing that interesting about this debate, if you look at obama's entitlement reform, obama administration obama administration pushes idea they are stepping out with a big bold new compromise, but we've seen these proposed before. a lot of what is in the budget is a good small start. but it is a really small start. neil: we have to start somewhere? peter? >> we've seen them before. if you look obama budget previously, you will like it this time, i think that is what we're seeing from boehner, they done like obam obama's budget be they still don't. neil: every time on someone on left or right dithers with trying to address, a third rail issue be it medicare for paul ryan, or social security with this president, they hear it. on the other side, and i think it forces people who are going to risk hitting that third rail, to avoid doing it in the future. >> well, that is why i think the discount what president has done as small, and rehashed policy under sells what is going on. the the reason that left is upset you have a democratic president, putt on table. without bee being forced, cuts soci
. >> one thing that interesting about this debate, if you look at obama's entitlement reform, obama administration obama administration pushes idea they are stepping out with a big bold new compromise, but we've seen these proposed before. a lot of what is in the budget is a good small start. but it is a really small start. neil: we have to start somewhere? peter? >> we've seen them before. if you look obama budget previously, you will like it this time, i think that is what we're...
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president obama and senate democrats are demanding more tax hikes to field more stimulus spending. listen, republicans voted twice to replace the president's sequester with smarter spending cuts and reforms. the president and democrat leaders failed to pass a solution of their own. it's time they do. my message at the white house will be the same as i tell you today. it's time to do their job and pass a bill. this week, we anownlsed that hr1 is reserved for tax reform legislation. a tax reform that lowers rates, closes loopholes, will help create more american jobs, and promote more economic growth in our country. the president talks about closing loopholes, but only as a solution to fund more government spending. do we want to close loopholes? we sure do, but if we're going to do tax reform, it should focus on creating jobs, not funding more government. last year, we proposed generating new revenues through tax reform. we did that as an alternative to the president's demand for higher tax rates. ultimately, the president got his revenues, and he got it his way, through higher rate
president obama and senate democrats are demanding more tax hikes to field more stimulus spending. listen, republicans voted twice to replace the president's sequester with smarter spending cuts and reforms. the president and democrat leaders failed to pass a solution of their own. it's time they do. my message at the white house will be the same as i tell you today. it's time to do their job and pass a bill. this week, we anownlsed that hr1 is reserved for tax reform legislation. a tax reform...
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immigration reform proposals. our first guest tonight urged a thoughtful, incremental approach during today's judiciary committee hearing. >> this will be a massive undertaking with implications for the future direction of our nation. as such, we must to move forward methodically and evaluate this issue i stages, taking care to fully that the pros and cons of each piece. lou: joining us now, chairman of the house judiciary committee, chairman bob gridlock. good to have you with us, mr. chairman. >> good to be with you, lou. lou: the issue of immigration reform, the big word attached all of that is comprehensive. that seems to be that the principal, defining, descriptive word in all of this and wat i have heard so many people say is we have a broken immigration system or a broken border security system, and we need a rational, objective, humane reform of existing immigration reform to give people at least a legal status to r here in most cases for a long and about of time illegally. why this fascination with the wo
immigration reform proposals. our first guest tonight urged a thoughtful, incremental approach during today's judiciary committee hearing. >> this will be a massive undertaking with implications for the future direction of our nation. as such, we must to move forward methodically and evaluate this issue i stages, taking care to fully that the pros and cons of each piece. lou: joining us now, chairman of the house judiciary committee, chairman bob gridlock. good to have you with us, mr....
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charles: remember when president obama said this. >> no matter how we reform health care, we will keep this promise this the american people, if you like your doctor, you will be able to keep your doctor. period. >> you can keep your doctor, if you like your doctor, or he'll carry plan, you can keep it. >> if you like your doctor, keep him. >> you will be able it keep your health care plan. period. >> is there a white out for that, period? small businesses are required to provide coverage for workers but not workers families with cost rising guest what is next, spouse and your kids is the next cut. david, we have this debated, on fox business, people say that ttis is a falsehood people are not losing coverage, not separated from their doctors. but small business owners we're told a different story, what is happening? >> well i can tell you what happened with us, i'm -- my brother is the owner, i am part of the family, i have same healthcare coverage as our employees, what we have done, and had to do because, cost of premium has skyrocketed, i said, you know other part we're missing we
charles: remember when president obama said this. >> no matter how we reform health care, we will keep this promise this the american people, if you like your doctor, you will be able to keep your doctor. period. >> you can keep your doctor, if you like your doctor, or he'll carry plan, you can keep it. >> if you like your doctor, keep him. >> you will be able it keep your health care plan. period. >> is there a white out for that, period? small businesses are...